Toll invests A$200 million in upgrading Australian fleet
PRESS RELEASE Oct 18th, 2024 Toll Group has announced plans to invest $200 million [US$134m] in new ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
NFI-owned Cal Cartage’s facility at the port of Los Angeles is set to close after five decades, following scrutiny over employment practices. The decision by the California port has received widespread praise from both the Teamsters union and a city councilman. Furthermore, it appears the port is already in negotiations with Australia’s Toll Global Forwarding over a lease for the site in Wilmington. In September, LA’s city council voted to review Cal Cartage’s permit as part of a campaign to pressure trucking and warehouse companies into classifying drivers as employees, rather than independent contractors.
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